HIGHER demand, as well as competitive pricing, will make the Philippines import more poultry meat and other products in 2025, the United States Department of Agriculture (USDA) said.
HIGHER demand, as well as competitive pricing, will make the Philippines import more poultry meat and other products in 2025, the United States Department of Agriculture said.The latest report of the USDA's Foreign Agricultural Services showed the Philippines' chicken meat imports are likely to rise to 480,000 metric tons , compared to 2024's projected volume of 470,000 MT.
'Despite high operating costs, primarily due to high domestic corn prices, the chicken meat sector rapidly expanded in the first and second quarters of 2024,' the USDA said.The FAS in Manila said it is anticipating the growth to generate positive momentum for 2025. The recent decline in imported soybean meal prices, another major component of the broiler feed ration, will carry into 2025 and help offset some of the corn cost in the ration overall.
PH Poultry Imports Seen In 2025
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